By John Glenday

A Canadian university has been forced to pay $20,000 to hackers after they managed to infect its servers with so-called ransomware, which threatened to permanently randomise their data unless payment was made for a decryption key.

The University of Calgary duly transferred the sum in Canadian dollars after its own IT workers failed to eradicate the malware despite spending more than a week on the challenge.

University vice president Linda Dalgetty said: “The university is now in the process of assessing and evaluating the decryption keys.

“The actual process of decryption is time-consuming and must be performed with care.

“It is important to note Read full story ›

Source: The Drum